this post was submitted on 18 Oct 2024
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[–] OwlPaste@lemmy.world 138 points 1 month ago* (last edited 1 month ago) (1 children)

My favourite part from this story covered on another site was

Howells says that if only the council had entertained his excavation requests, "Newport would look like Dubai." Currently, it still looks like Newport.

[–] kungen@feddit.nu 64 points 1 month ago (3 children)

Does he really think $500M would significantly change a city? As if the city would get any part of it, or that Dubai is something to desire...

[–] brsrklf@jlai.lu 29 points 1 month ago (2 children)

For all the talks about freedom and "decentralised" utopia the crypto bro cults spew all the time, they are really just obsessed with making absurd amounts of money fast. Their only motivation is greed.

Can't say I'm surprised some regard Dubai as a goal. They only see the rich man's club, they don't care about how the sausage is made.

[–] littlewonder@lemmy.world 6 points 1 month ago

Yeah wtf. Seeing Dubai as the ultimate utopia is so weird.

[–] 0x0@programming.dev 0 points 1 month ago (1 children)

Their only motivation is greed.

Gee, i'm so glad brick 'n' mortar banks are different... oh, wait...

[–] brsrklf@jlai.lu 0 points 4 weeks ago (1 children)

Last time I checked, most individuals are not, in fact, banks.

[–] 0x0@programming.dev 1 points 4 weeks ago (1 children)

Last time i checked banks and "regulating" bodies are run by, you guessed it, groups of individuals.

[–] brsrklf@jlai.lu 1 points 4 weeks ago (1 children)

Which are not, by far, most people. I am not sure why you're bringing the subject of banks. Of course they're shitty and mostly run by bastards. Okay.

But cryptomoney people are not banks, or groups of individuals. They're individuals. And they're in it because of the "get rich quick" scheme and push others to get into the pyramid's lower levels, because that's how they might get richer. So they're either bastards or being conned, or probably both.

Proof of work is a power/hardware catastrophe, and proof of stake is entrusting power to the already rich again. Crypto is not a new economy model, it's a bad subset of the old one with fancy fake ideals.

[–] 0x0@programming.dev 1 points 4 weeks ago

Most cryptocrrencies do seem scammy, i'll give you that,

[–] DragonTypeWyvern@midwest.social 23 points 1 month ago (1 children)
[–] rottingleaf@lemmy.world 5 points 1 month ago (1 children)

Most likely he won't find that treasure. Instead of wasting years of his life, and not the worst of them, he could be spending time with girls or working his ass off for some more certain value to spend as he sees fit.

[–] echodot@feddit.uk 3 points 1 month ago

He's a crypto bro there's no way he's hanging out with any girls. Probably "nice guys" them into running away very fast, th n complains on the internet.

[–] el_abuelo@programming.dev 3 points 1 month ago

Or that dubai was built with such a paltry sum